Permavent Limited

Permavent Ltd, based in Weymouth, UK, is a small, holding company with an active status. Established 22 years ago in 2003, the firm employs 13 people and holds £5,403,610 in assets. It operates from a real address on the Granby Industrial Estate and is overseen by three directors and a single owner. The company regularly imports and exports textile padding, felt, nonwoven fabrics, special yarns, ropes, and cables—with 44 months of import activity and 14 months of export activity recorded.

Permavent's primary focus is the supply of flat rubber roofing systems, as evidenced by its website, Permaroof Store. The site showcases a wide range of EPDM rubber roofing products, accessories, and installation services. It's clear the company operates an e-commerce business, offering online sales and support to both trade and retail customers. The website emphasizes fast UK shipping and a money-back guarantee, standard practices for online retailers.

Financially, Permavent Ltd demonstrates some interesting trends. Net assets increased by 86%, reaching £2,000,000, while bank borrowings decreased by 41%, settling at £75,000. Cash reserves saw a significant jump, increasing by 37% to £1,200,000. Trade debtors increased by 41%, suggesting potential growth in sales but also a need to manage customer payments. Creditors, however, also increased by 17%, which could be related to increased purchasing of stock. The company’s small size—meeting two of three criteria for being classified as small—allows for flexibility, but the growth in debtors warrants monitoring. No auditor is mentioned, which is typical for companies eligible for exemption under the small companies regime.

Overall, Permavent Ltd appears to be a financially healthy business, experiencing growth in assets and cash reserves. The focus on rubber roofing, combined with a robust e-commerce presence, positions it well in a specialized market. However, the increase in debtors should be kept an eye on to ensure continued financial stability.

Registered in England/Wales under the registration number 04674617, with a registered address at DT4 9TB, Weymouth, Dorset, 11 Cumberland Drive, Granby Industrial Estate.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.